Why Crypto Experts Say Buying and Holding Bitcoin Easily Beats Trying to Time the Market
A historical analysis of bitcoin price performance from 2010 through 2026 demonstrates that the vast majority of the asset's annual returns occur during a tiny fraction of the calendar year.
Express News | BTC breaks through $80,000
Market data shows that BTC has broken through the $80,000 mark, currently trading at $80,009.9, with a 24-hour gain of 0.21%. Given significant market volatility, please ensure proper risk management.
Express News | The 90-day correlation between Bitcoin and gold prices has risen to +0.50, reaching its highest level since the onset of the pandemic in 2020.
On September 6, The Kobeissi Letter reported that the price movements of Bitcoin and gold are increasingly synchronized: the 90-day correlation between Bitcoin and gold prices has risen to +0.50, approaching the record high set during the pandemic in 2020. This figure has more than doubled since the beginning of this year. By comparison, following the recovery from the 2022 bear market, the 90-day correlation between Bitcoin and gold peaked at only +0.30. The recent rapid increase in correlation accelerated primarily after the U.S. Treasury announced on August 19 that it would at least double the size of its long-term Treasury bond buyback operations. The Treasury plans to increase the repurchase amount per operation from $2 billion to $4 billion. Meanwhile, the 90-day correlation between Bitcoin and the Nasdaq 100 Index has fallen to approximately +0.30, marking a new low for the past year. Investors are increasingly viewing gold and Bitcoin as assets to hedge against currency depreciation.
Express News | Analysts: Recent activity among the "OG" cohort holding Bitcoin for over five years has intensified significantly.
On September 5, CryptoQuant analyst Darkfost stated that recent activity among the "OG" cohort holding Bitcoin for more than five years has intensified significantly, with the 90-day moving average of their spent UTXOs rising to 1,500 BTC, double the level seen in May. The consolidation period appears to have triggered uncertainty among nearly all types of investors, including the most experienced "OG" holders. However, these transfers do not necessarily indicate selling; some may reflect movements of BTC to more secure storage methods due to factors such as the Coldcard incident.
Express News | Bitdeer maintained a zero Bitcoin position, selling 282 BTC this week.
On September 5, Nasdaq-listed Bitcoin miner Bitdeer posted on X that its Bitcoin mining output for the week ending September 4 was 282 BTC. During the same period, it sold 282 BTC, resulting in a net increase of 0 BTC and maintaining its current zero Bitcoin holdings.
For Many Individual Traders, Prediction Markets Are Hot-and Crypto Is Not -- WSJ
By Vicky Ge Huang and Krystal Hur First, the AI trade stole bitcoin's thunder. Now, the cryptosphere is losing some of its most-loyal traders to bets on soccer matches and congressional elections.